It was reported on March 12, that F. Quinn Stepan, Jr., Board Member at Stepan (NYSE:SCL) executed a significant insider sell, according to an SEC filing.
What Happened: After conducting a thorough analysis, Jr. sold 2,000 shares of Stepan. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday. The total transaction value is $174,854.
The latest market snapshot at Tuesday morning reveals Stepan shares down by 0.0%, trading at $88.75.
Get to Know Stepan Better
Stepan Co manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into three segments based on product type. The surfactants segment, which generates the majority of revenue, sells cleaning agents used in detergents, shampoos, body wash, fabric softeners, toothpastes, and other personal-care products. Surfactants are chemical agents that affect the interaction between two surfaces. The polymers segment sells polyurethane used to manufacture rigid foam for thermal insulation, as well as phthalic anhydride used to make plastic components for the construction, automotive, and boating industries. The specialty products segment sells chemicals used in food and flavoring. Majority of Stepan's revenue comes from the United States.
Stepan: Financial Performance Dissected
Revenue Growth: Stepan's revenue growth over a period of 3 months has faced ...